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Scenario of Joint property on mother and my name
06-Aug-2023 (In Property Law)
I am planning to buy a property on the name of my mother and myself.I have two sisters. Could you please advise if the propert will remain in my name after my mother ?
Hi
Yes the property will remain in your name and your mothers. However after the death of your most mother - all legal heirs will have an equal share in it. I suggest you also make a registered will wherein the 50% share will devolve upon you. Feel free to reach out in case of any clarifications.
Regards
Adv. Abhinav Sharma
Yes the property will remain in your name and your mothers. However after the death of your most mother - all legal heirs will have an equal share in it. I suggest you also make a registered will wherein the 50% share will devolve upon you. Feel free to reach out in case of any clarifications.
Regards
Adv. Abhinav Sharma
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Adv. Abhinav Sharma
Delhi | 500+ Answers
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I would recommend that as soon as you purchase the property in the join name, the same week u also get the WILL registered ! Bcoz in case if anything goes wrong then your two sisters will
Also be legal heirs in her share !
Also be legal heirs in her share !
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Adv. D. Khan
Delhi | 500+ Answers
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